Canadian stocks that pay DIVIDENDS!!!! Message Board

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Gold/Mining/Energy : Canadian stocks that pay DIVIDENDS!!!!

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To: Scott Mc who wrote (15)	8/9/1997 5:18:00 PM
From: kingfisher	of 129

Triax Diversified High Yield Trust projects to pay out a total of 88cents for the first year of operation.Next distribution for shares owned on Sept. 30 will be approximatly .22cents.Shares are available at $7!Article in August 9 issue of Globe mentions this stock.Look in Report on Business section heading is "Junk bonds regain their cachet"This is still the highest yielding stock on tse.Fund manager will achieve what was forecast in prospectus but is dissapointed in shares perfomance.Shares should be trading at a premium to the issue price of $8.It is my opinion that strategies will be put in place by the fund managers to get the market to recognize the value these units hold.

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